ATLANTIC CITY, N.J. (AP) — Web playing income continues to soar in New Jersey, the place on-line casinos are accounting for a rising share of the betting pie: Atlantic Metropolis’s casinos and their on-line companions received $182 million in web bets in February.
Figures launched Friday by the state Division of Gaming Enforcement present that sports activities betting additionally did nicely in a month that included the Tremendous Bowl.
These two more moderen types of playing helped the casinos, racetracks that settle for sports activities bets and their on-line companions absorb over $461 million in February, a rise of 12% from February 2023.
However the information was not all good: Atlantic Metropolis’s 9 casinos received $211.5 million from in-person gamblers, down 1.6% from a yr earlier.
Whereas the casinos collectively exceeded the $196 million they received from in-person gamblers in February 2019, earlier than the COVID-19 pandemic hit, solely three of the casinos individually received extra in particular person this February than they did in February 2019.
“Distant gaming choices proceed to be important for Atlantic Metropolis’s gaming operations, particularly within the shoulder months when seasonal climate patterns are more than likely to maintain gamblers at residence,” mentioned Jane Bokunewicz. “Regardless of an additional day within the month, a moist and wintry February saved brick-and-mortar revenues for Atlantic Metropolis casinos modest.”
The casinos contemplate in-person playing to be their core enterprise. Cash from web playing and sports activities betting have to be shared with outdoors events like Sports activities Betting Operators and know-how platforms, and it isn’t solely for the casinos to maintain.
With all three kinds of income mixed, the Borgata received over $98 million, down 3.1% from a yr earlier; Golden Nugget received $62.9 million, up over 31%; Onerous Rock received $55 million, up 24%; Ocean received $37.6 million, up practically 25%; and Tropicana received over $30 million, up 15%.
Bally’s received practically $19 million, up practically 5%; Harrah’s received $18.7 million, down 11%; Caesars received $16.2 million, down 15.5%; and Resorts received $12.1 million, down 4.3%
By way of in-person income, Borgata received $53.6 million, down 6.7%; Onerous Rock received $41.1 million, up 9.6%; Ocean received over $31 million, up over 18%; Harrah’s received $18.2 million, down 14.7%; and Tropicana received $16.6 million, down 3.1%.
Caesars received $16.4 million, down 13.7%; Resorts received $12.2 million, down 3.6%; Golden Nugget received $11.6 million, up 4:, and Bally’s received $10.6 million, down over 13%.
By way of internet-only entities, Resorts Digital, the on line casino’s on-line arm, received $72.2 million, up practically 50%, and Caesars Interactive Leisure NJ received $5.5 million, down practically 33%.
Over $1 billion in whole sports activities bets have been made in New Jersey in February. Of that whole, $67.5 million was saved as income by the casinos, tracks and their companions after paying out profitable bets and different bills.
Supply: Related Press
Preview Picture: Shutterstock
